Category: Residential mortgages
The stamp duty holiday has a huge impact on transactions as affordability is underpinned by lending according to Steve Goodall, managing director of e.surv.
Newcastle Building Society saw gross mortgage lending in 2020 reach £645m, according to its latest financial results.
Pitch 4 Finance has launched a limited period offer for brokers who register to use the platform ahead of its official launch next month.
Coventry Building Society noted a £1.2bn rise in its mortgage balances in 2020, equating to a 3% uptick, according to its latest financial results.
Karen Rodrigues, director of sales at eConveyancer, believes the measures unveiled in the Budget demonstrates the important role of home ownership.
The Mortgage Guarantee Scheme will boost the housing market according to Andy Scaife, chief executive of O’Neill Patient.
The stamp duty nil band extension will ease the market back into normality according to Robin Fieth, chief executive of the Building Societies Association.
NatWest is calling on lenders to support the wider market to ensure the benefits pass through to as many homebuyers as possible.
The Chancellor has bowed to social pressure by extending the stamp duty holiday deadline according to Sharron Carle, tax solicitor at Keystone Law.